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Office

DIC Asset completes lettings for 6,200 sqm at Global Tower Frankfurt

DIC Asset AG signed three new lease agreements for a combined floor area of 6,200 sqm at the Global Tower in the heart of Frankfurt’s financial district. As a result, the pre-let ratio for the Global Tower rose from 50% to around 65%.
Friday, 9. December 2022

Dominik Pawlak joins Avison Young Office Agency team

Dominik Pawlak takes the role of Director in the Office Agency department at Avison Young, where he will be responsible for the company's key clients as well as training junior team members.
Wednesday, 7. December 2022

Hamburg: Quest announces full occupancy at Neuer Wall 54

Quest Funds has successfully completed the repositioning of the 5,560 m² LIV office and retail building on Neuer Wall in Hamburg. The project included a modernisation of the façade and interior, and reletting of previously vacant parts of the office spaces.
Tuesday, 6. December 2022

Peakside acquires luxury hotel Hessischer Hof in Frankfurt

Peakside Capital Advisors AG has bought Hessischer Hof, a luxury hotel with an adjacent office building, in Frankfurt from Hessische Hausstiftung, a foundation of the House of Hesse. The property will become part of the Peakside Real Estate Fund IV.
Monday, 5. December 2022

NREP buys historic office building in Helsinki from Allianz

NREP announces the acquisition of the Eteläesplanadi 2 office building in Helsinki from Allianz Real Estate, which purchased the property in 2006, when the property was the head office of UPM. Eteläesplanadi 2 is a landmark building located next to the waterfront in Helsinki CBD.
Friday, 2. December 2022

Wihlborgs buys Malmö properties from Corem Property

Wihlborgs has signed agreements to acquire the Sufflören 4 property in Hyllie, which is a combined office and warehouse property of 5,100 m², and the currently undeveloped Sunnanå 12:26 property of 10,000 m². The vendor is Corem Property Group and occupancy is scheduled for 16 December.
Friday, 2. December 2022

Aventos unveils master plan for 90,000 sqm campus in Berlin

Together with David Chipperfield Architects and Eike Becker_Architekten, the independent investment manager Aventos unveiled the master plan for the first stage of its new Luxwerk urban technology campus in Berlin’s Siemensstadt. Overall, more than 90,000 square metres of sustainable commercial space will be created in Berlin...
Thursday, 1. December 2022

AEW UK REIT acquires two high yielding retail assets in Bath and Bromley

AEW UK REIT has unconditionally exchanged on the purchase of a 67,020 sq ft mixed-use block located in Bath city centre at a price of £13,000,000, reflecting a low capital value of £194 per sq ft and an attractive net initial yield of 8.5%. Completion of the asset purchase is expected later this week.
Thursday, 1. December 2022

Real I.S. concludes biggest green lease deal in its history

Real I.S. Australia Pty. Ltd. and the Commonwealth of Australia have extended an existing lease on an office building in Melbourne's Central Business District by ten years. The property has a total rental area of 19,000 m². The green lease deal is also the biggest in the history of the Real I.S. Group.
Wednesday, 30. November 2022

Quantum Delta NL opens the first ‘House of Quantum’

Yesterday, Quantum Delta NL (QDNL) opened the first location of the House of Quantum, in Delft. The House of Quantum is to become the world's first national quantum campus consisting of several multi-tenant buildings for quantum companies across the Netherlands.
Tuesday, 29. November 2022